Hello Traders! This is my forecast for EURJPY H1. I see a perfect structure for a short trade as the price closed fully one FVG and I expect it to close part of the second FVG after going bearish. Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this trade, feel free to share your thoughts in the comments. I welcome the...
⭐️ Smart investment, Strong finance ⭐️ Personal comments NOVA: Strong resistance zone at 161,900, no important economic data today, correction DOWN ⭐️ SET UP EUR/ JPY PRICE: 🔥SELL zone: 161.870 - 162.070 SL 162.370 TP1: 161.570 TP2: 161.270 TP3: 160.870 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas...
EURJPY is dropping in price and could go below 145.501 and 140.879. Take a position only on price action. Monitor for updates...
SHORT EURJPY 1. Rising Resistance 2. RSI Divergence 3. Double Top / Tripple Top 4. Entry: Current Price 5. TP1: 142.130 6. TP2: 141.871 7. SL: 142.647
After hitting the upper trendline chanel and break above then eurjpy just consolidates the around the rectangle I draw. So I double stack my position with take profit around 136.50-137.60 area. Stop ABOVE 139.10. Trade well.
4H chart is showing eurjpy currently is consolidating in contracting triangle. any push to the the red trendline could lesd to the next correction. dont be surprised to see the price breaks below the blue trend line. or even baclk to the blue rectangle area. trade well and wisely.
Wait till the price breaks below red trendline. Especially whenever with bearish engulfing candle. Stop ABOVE the horizontal line. Tp zone 1 : 134.949-135.243. Tp zone 2 : 133.398-133.526. Trade well and wisely.
FX ; EUR/JPY 1H / 4H SHort Do not forget capital management!!! what is your opinion???
Complete fibonacci retest and short into 130.500.
Welcome to our weekly trade setup ( EURJPY )! - 1 HOUR Strong bearish market open.. 4 HOUR Expecting more bearish price action. DAILY Overall bearish market structure.. - FOREX SETUP SELL EURJPY ENTRY LEVEL @ 130.260 SL @ 130.630 TP @ 129.700 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to...
Fib retest correlates with pervious week range. Short to -61.8%.
EURJPY SHORT POSITION RISK MANAGEMENT AND MOVE SL AS YOU HEAD INTO REASONABLE PROFITS TO AVOID LOSSES.
EURJPY needs some release, the market has created a swing high, and a swing low. the pair has come to retest the fib levels. Now the pair needs to create new lows.
Price is at 127.086 , wait for it to approach level 127.375 then short from there. Targets are at 126.444. Use proper money management. Once trade activates move stop loss to entry. Tight stop losses as always.
Break of structure, fib retest into liquidity zone.
EUR/JPY has formed a shooting star on the weekly timeframe. Follows a head and shoulders formation made over the last couple of months.